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Home My Public Portal About050-1994 - TAX ABATEMENT - ELDER FAMILY PARTNERS;HILLS PET NUTRORDINANCE NO. 50-1994 A SPECIAL ORDINANCE AUTHORIZING THE APPROVAL OF STATEMENTS OF BENEFITS FOR PROPERTY OWNERS APPLYING FOR DEDUCTIONS UNDER I.C. 6-11-12.1 WHEREAS Common Council has adopted Resolutions No. 10-1984 , No. 22-1988, and No. 24-1989 designating eight economic revitalization areas within the City of Richmond, and WHEREAS I.C. 6-1.1-12.1 requires the Common Council as the designating entity to approve all Statements of Benefits required to be filed by property owners applying for deductions in assessed valuations for the installation of new manufacturing equipment or for the redevelopment or rehabilitation of real property, and WHEREAS an owner of real property located in an economic revitalization area is entitled to a 10 year deduction from the assessed value of that real property as determined by Resolution No. 2-1987, and WHEREAS an owner of new manufacturing equipment is entitled to a 5 year or 10 year deduction from the assessed value of new manufacturing equipment placed in service after March 8, 1994, as determined by Ordinance No. 20-1994, NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, that the following property owners meet the requirements for property tax assessed valuation deductions as allow-s. REAL ESTATE - 10 YEARS Elder Family Partners, L.P. New jobs: 20 Jobs Retained: 0 Dated: June 24,1994 Elder Family Partners, L.P. New Jobs: 27 jobs Retained: 258 Dated: June 24,1994 Hill's Pet Nutrition, Inc. New Jobs: 0 Jobs Retained: 193 Dated: June 29,1994 Hill's Pet Nutrition, Inc. New Jobs: 0 Jobs Retained: 193 Dated: June 29,1994 NEW MANUFACTURING EQUIPMENT - 10 YEARS Alucobond Technologies, Inc. New Jobs: 5 Jobs Retained: 30 Dated: June 14,1994 Belden Wire & Cable Company New Jobs: 0 Jobs Retained: 753 Dated: June 24,1994 Elder Davis, Inc. New Jobs: 40 Jobs Retained: 112 Dated: June 24,1994 H.E. Woodruff Corporation New Jobs: 2 Jobs Retained: 35 Dated: June 13,1994 Hill's Pet Nutrition, Inc. New Jobs: 0 Jobs Retained: 193 Dated: June 29,1994 Hill's Pet Nutrition, Inc. New Jobs: 0 Jobs Retained: 193 Dated: June 29,1994 Imperial Products, Inc. New Jobs: 0 Jobs Retained: 94 Dated: June 2,1994 Primex Plastic Corporation New Jobs: 15 Jobs Retained: 380 Dated: June 13,1994 Spartech Plastics New Jobs: 0 Jobs Retained: 132 Dated: June 22,1994 RDB Concord, LLC New Jobs: 3 Jobs Retained: 0 Dated: June 29,1994 Richmond Baking Company New Jobs: 0 Jobs Retained: 86 Dated. June 3,1994 Richmond Baking Company _ ew Jobs: O Jabs -Retained: 8 Dated: June 15,1994 Southside Heating & Air Conditioning Supply -Division of Maiden Heating, Inc. New Jobs: 2 Jobs Retained: 8 Dated: June 20,1994 Vandor Corporation New Jobs: 7 Jobs Retained: 58 Dated: June 24,1994 Waytru Bancorp New Jobs: N/A Jobs Retained: N/A Dated: June 2,1994 And be it further ordained by said Common Council that its Presi nt be authorized to sign the above listed Statements of Benefits for the purpose of evidencing s ' Cq on Cou cil's approval thereof. Passed and adopted this5th day of July, 1994, by t Cou it o I ity of Richmond, Indiana. __ esident Larr -a rker ATTES _ _ City Clerk (Norma Carnes) PRESENTED to the Mayor of the City of Richm6nd, Indiana, 6th day of r, 1994, at 9:00 a.m. y Clerk (Norma Carnes) APPROVED by me, Roger Cornett, Mayor of the o is Indiana, this 6th day of July, 1994, at 9:05 a.m. ayor mmoger Cornett) ATTES J__'City Clerk o (Norma Carnes) DISPOSMON OF ORDINANCE NO. �O -M'.i RESOLUTION NO. by Common Council Ordinance No. Resolution Na. _ cistro Lundy Broakbanic Donat McBride Paekar DiOuflarl =;.:: r Date r Susp. rules Ist read Title only --Seconded I-= proof of Pubiicaton T Seconded........- --•-- -•---------• Move to 2nd read .................. E Seconded Engrossment .---• ----- •--- -----------.....-------- Seconded __-_- Susp .... rules 3r..... ..... ----.......... --- ------ .. ..G Seconded Passage.o_..-..T ------ ----------- Rejection Date Passed COMMaTEE ASSIGNMENTS: Committee Date _ Commites Hearing Date Reassigned to Council Agenda PUBLICATION OA T ES: AMENDMENTS: COMMENTS: